Small-Scale Concessions
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Question (English)
Small-scale industries received concessions such as:
- Higher excise duty
- Lower excise duty and bank loans at lower interest rates ✓ Correct
- Free imports of machinery
- Government ownership
Explanation:
Correct Answer Explanation
Concessions: lower excise duty and bank loans at lower interest rates.
Key Points:
- Production of certain goods reserved for small-scale sector.
- Needed protection from large firms.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
